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Avidian Gold shares fell 23.5% on Monday amid heavy trading, with no official reason given.
Avidian Gold (CVE:AVG) shares dropped 23.5% on Monday, falling to C$0.13 from a prior close of C$0.17, with trading volume surging to around 140,000 shares—over six times its average.
The company, focused on gold, silver, and copper projects in North America, holds properties in Alaska, Nevada, and Quebec.
Despite a market cap of C$1.61 million and a current ratio of 5.11, no specific reason for the decline was provided.
The stock traded near its 50-day moving average of C$0.14 and above its 200-day average of C$0.12.
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Las acciones de Avidian Gold cayeron un 23.5% el lunes en medio de una fuerte negociación, sin ninguna razón oficial dada.